Shoppers can now pay with Klarna’s interest-free Pay in 4 solution on MEC.ca

Vancouver, BC – July 21, 2022 – Klarna, a leading global retail bank, payments and shopping service, today announced its partnership with iconic Canadian outdoor retailer Mountain Equipment Company (MEC) to offer its flexible payment options. Canadian consumers can now shop and pay for the outdoor gear they love in four interest-free payments using Klarna’s Pay in 4 service online at checkout.

MEC has been inspiring Canadians to get active outside for the last 50+ years, providing technical gear and know-how, and building communities that love the outdoors. For many young people and families starting out, investing in quality, lasting gear for outdoor adventures like stand-up paddle boarding and family camping can be overwhelming. Having the flexibility to pay for MEC gear over time through Klarna helps make these activities more accessible while enabling shoppers to remain in control of their finances.

“At MEC, we’re always looking for more ways to provide a seamless shopping experience for our customers,” said Julia Freeman, VP Digital and Ecommerce, MEC. “Through our partnership with Klarna, we now offer greater flexibility, convenience and choice at checkout, helping to ease the financial barrier of investing in quality, lasting gear and allowing for a lifetime of outdoor experiences and memories.”

"Market demand for alternative payment options is growing fast, with at least half of Canadians aged between 25 and 56 looking for flexible payment options like Klarna at checkout, according to our research,” said Kristina Elkhazin, Head of North America, Klarna. “We are excited to partner with MEC to enable a superior shopping experience nationwide, giving their customers the flexible and better value payment options they are looking for.”

With more than 150 million customers and over 400,000 retail partners worldwide, Klarna’s flexible payment options and shopping app provide consumers with flexibility and control, while creating a smoother way to shop and pay. MEC is the latest merchant to join Klarna’s growing Canadian retail partner network, which includes brands Adidas, Harry Rosen, L’Oreal, Sephora, and more.

Available online now and launching in-store in 2023, Klarna purchases are also backed by MEC’s Rock Solid Guarantee, which includes free in-store returns. Customers can discover their Klarna payment options when they checkout at mec.ca.

About KlarnaKlarna is a global digital bank and flexible payments provider. With over 114 million global active Klarna users and 3.4 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. More than 850,000 retailers trust Klarna’s innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy's, Ikea, Expedia Group, Nike and Airbnb.

About MECEstablished in 1971, MEC is Canada’s go-to place for technical outdoor gear, know-how and inspiration. Combining high-quality apparel and equipment with expert advice and firsthand experience, MEC supports a wide range of activities including camping, snowsports, watersports, cycling, climbing, hiking, trail running and travel.

For decades, MEC has been a strong backer of sustainability and community initiatives, and has invested $48 million (and counting) into non-profit organizations that support outdoor recreation and conservation. For more information, visit www.mec.ca, follow @mec, or visit one of our stores nationwide.

For additional information, please email press@klarna.com